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Updated over 5 years ago on . Most recent reply

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41
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Catherine C.
  • New York
3
Votes |
41
Posts

Higher Interest Savings Accounts

Catherine C.
  • New York
Posted

Hi All, Looking for advice. I am looking for a higher interest highly-recommended savings account, as my account only earns 0.05% interest. Any tips? Maxed out Roth and 401K. I want this savings to go towards a down payment a year from now. Any other accounts that would be beneficial if the saved money is specific for real estate? Thanks

Most Popular Reply

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1,353
Posts
2,116
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Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
2,116
Votes |
1,353
Posts
Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
Replied

@Catherine C. Ally Bank has 2.1% wealthfront currently has 2.57%. My wife and I are currently in the process of moving our cash saving away from wells fargo for the same reason you are. I am looking at ally and wealthfront. My sister uses Ally and thinks it is great. Both have insurance Ally has a limit on transaction wealthfront does not.

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